There are limitations locally because of the measures and so the market is likely to migrate offshore to hedge its currency position to protect against dollar weakness for portfolio investments, currency speculation, and foreign trade.

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That puts Accenture in a stronger position to capture a larger chunk of offshore technology projects funded by American companies.

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The senator from Arizona outlined an energy plan that would include lifting the ban on offshore drilling for oil, a reversal of his position during his 2000 campaign.

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Without offshore oil and gas, Scotland's GDP is in a similar position to that of the UK as a whole, and its share of taxes paid to the UK Treasury is thought to be slightly lower than that share of Scotland's population.

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"John McCain's support of the moratorium on offshore drilling during his first presidential campaign was certainly laudable, but his decision to completely change his position and tell a group of Houston oil executives exactly what they wanted to hear today was the same Washington politics that has prevented us from achieving energy independence for decades, " he said.

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The company operates one of the most modern and versatile mobile offshore drilling fleets in the world and has consistently set industry records in deepwater drilling that have reinforced its position as a niche player in the segment.

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